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Florida woman who led a nearly $200 million Ponzi scheme sentenced to 20 years in prison

CNBC
Summary
Nutrition label

80% Informative

Johanna Garcia received the maximum possible sentence for one count of conspiracy to commit wire fraud and mail fraud.

Garcia controlled MJ Capital Funding , which fraudulently solicited investors to fund its purported business of providing short-term, high-cost loans.

Investors in MJ Capital had accused Wells Fargo of aiding the fraud scheme by failing to follow its anti-money-laundering rules.

VR Score

83

Informative language

83

Neutral language

49

Article tone

formal

Language

English

Language complexity

55

Offensive language

possibly offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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